Review the final project criteria in Appendix A.
Write a 1800- to 1900-word word paper in which you decide whether to purchase a house.
�Discuss which principles of economics directly relate to your purchasing decision.
�Compare the marginal benefits and the marginal costs associated with your purchasing
�Explain how the strength of the economy as a whole affected the marginal benefits and the
marginal costs associated with that decision.
�Consider the roles of the domestic economy and international trade in your assessment of the
strength of the economy.
�Determine what situations or conditions could have led you to make a different decision.
Assume for this project that purchasing a new home is a major decision requiring a substantial
financial outlay where the wrong decision has long-term financial consequences.
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